2022 News

No para difusión en los Estados Unidos ni para distribución a Servicios de Noticias de EE.UU.

Vancouver, British Columbia, 29 de abril de 2022. Candente Copper Corp. (TSX:DNT, BVL:DNT, US:CCOUF) ("Candente Copper” or “la Compañía") se complace en informar que la Compañía ha concertado un préstamo puente por un monto total de capital de CDN $ 1 millón de un inversionista individual independiente (el "Prestamista") por un plazo de doce meses al 10% para ser reembolsado al vencimiento.

“Este préstamo puente se organizó para dar tiempo suficiente para explorar varias opciones de financiamiento que se le han presentado a la Compañía. En el transcurso de las próximas semanas, Candente Copper y sus asesores analizarán y evaluarán las ofertas de financiamiento recibidas hasta la fecha”, afirma Joanne Freeze, presidenta y directora general de la Compañía. “Los resultados de la Evaluación Económica Preliminar publicada recientemente han generado varias opciones de financiamiento que permitirán aún más eliminar los riesgos del Proyecto Cañariaco en Perú mediante el avance de los estudios ambientales y de ingeniería y la perforación adicional, todo lo cual conducirá a la publicación de un estudio de factibilidad."

Acerca de Candente Copper

El Proyecto insignia de la Compañía es Cañariaco, dentro del cual Cañariaco Norte, es el décimo recurso de cobre en etapa tardía más grande del mundo y el sexto más alto en ley (RFC Ambrian, Diciembre 2021 y Haywood, Diciembre 2021).  Además de Cañariaco Norte, el Proyecto Cañariaco incluye el depósito Cañariaco Sur y el prospecto Quebrada Verde, todos dentro de una tendencia NE-SO de 4 km en el prolífico distrito minero del norte del Perú.

La compañía se complace en tener ahora a Cañariaco Norte incluido en 4 informes de investigación que comparan varios proyectos mundiales de cobre. RFC Ambrian: Cañariaco Norte en el top 10 de 23 proyectos con potencial para integrar fusiones y adquisiciones de terceros (Diciembre de 2021); Haywood: Cañariaco Norte es uno de los 18 yacimientos seleccionados como susceptibles de ser considerados por las grandes empresas que buscan adquirir (Diciembre de 2021); Deutsche Bank: Cañariaco Norte identificado como uno de los 3 proyectos necesarios para cubrir la próxima brecha oferta-demanda de cobre (Febrero de 2021); Goldman Sachs: Cañariaco Norte identificado con precio incentivo del cobre en el cuartil más bajo de los 84 principales proyectos de cobre a nivel mundial (Octubre de 2018).

Joanne Freeze, P.Geo., Presidenta, CEO, Directora es la Persona Calificada según lo define el Instrumento Nacional 43-101 para los proyectos discutidos anteriormente. Ella ha revisado y aprobado el contenido de este comunicado.

This press release contains forward-looking information within the meaning of Canadian securities laws (“forward-looking statements”). Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements, including, but not limited to, statements with respect to the potential acceptance of the additional financing offer. These forward-looking statements are made as of the date of this press release.  Although the Company believes the forward-looking statements in this press release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and are subject to risks, uncertainties, assumptions and other factors which could cause events or outcomes to differ materially from those expressed or implied by such forward-looking statements. Such factors and assumptions include, among others, the ability of the Company and Lind to negotiate the terms of  the definitive funding agreement, variations in market conditions; the nature, quality and quantity of any mineral deposits that may be located; metal prices; other prices and costs; currency exchange rates; the Company’s ability to obtain any necessary permits, consents or authorizations required for its activities; the Company’s ability to access further funding and produce minerals from its properties successfully or profitably, to continue its projected growth, or to be fully able to implement its business strategies. In addition, there are known and unknown risk factors which could cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. 

 Known risk factors include risks associated with exploration and project development; the need for additional financing; the calculation of mineral resources; operational risks associated with mining and mineral processing; fluctuations in metal prices; title matters; government regulation; obtaining and renewing necessary licenses and permits; environmental liability and insurance; reliance on key personnel; local community opposition; currency fluctuations; labour disputes; competition; dilution; the volatility of our common share price and volume; future sales of shares by existing shareholders; and other risk factors described in the Company’s annual information form and other filings with Canadian securities regulators, which may be viewed at www.sedar.com. Although we have attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. We are under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.  


CAUTIONARY NOTE TO U.S. INVESTORS

We advise U.S. investors that this news release uses terms defined in the 2014 edition of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) “CIM Definition Standards on Mineral Resources and Mineral Reserves”, as incorporated by reference in Canadian National Instrument 43-101 “Standards of Disclosure for Mineral Projects”, for reporting of mineral resource estimates.  These Canadian standards, including NI 43-101, differ from the requirements of the United States Securities and Exchange Commission (SEC) as set forth in the mining disclosure rules under Regulation S-K subpart 1300 (S-K 1300).  S-K 1300 uses the same terminology for mineral resources, but the definitions are not identical to NI 43-101 and CIM Definition Standards.  S-K 1300 uses the term “initial assessment” for an evaluation of potential project economics based on mineral resources.  This study type has some similarities to a Preliminary Economic Assessment, but the definition and content requirements of an initial assessment are not identical to the definition and content requirements for a PEA under NI 43-101.

 

En representación del Directorio de Candente Copper Corp.

Joanne C. Freeze” P.Geo., Presidenta, CEO y Directora

Para más información póngase en contacto con:

Jonathan Paterson

Jonathan.Paterson@HarborAccessllc.com

+1 475 455 9401

info@candentecopper.com

www.candentecopper.com  

NR-150

 

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